The question of how Twitter would be able to make money is still being debated. The latest method, according to CNNmoney is to be acquired by Google. One source says the deal is about to be sealed, while another says that negotiations are in its 'early stages.' The reason Google is even thinking about acquiring Twitter is for its increasingly popular "real-time" search engine capability. The article suggests that "it's too early for Twitter to sell itself." It also suggested that when it does, it should be for cold, hard cash. The main reason there should be no hurry to sell is that Twitter has raised $35 million of "new financing," according to a Business Insider article. Now, Twitter has a value of $250 million. This huge value is due to the site's active user growth of 900 percent. Despite this huge number, Twitter isn't actually making any profit. However, the article states, "we still think Twitter is in a very good position to become the 'rails' that the real-time Web rides on... and that could be worth a LOT of money someday."
In an opinion completely independent from the article, I think that if and when Twitter is bought, not a lot will change for the user. The article reminds the reader that Google bought Youtube. I think the main thing that changed was that advertisements started popping up on youtube, and I think the same will be true for Twitter. As a social media, Twitter is proving more valuable as time passes and it becomes more mainstream. According to the article, "Its growth shows no signs of slowing..." I think Twitter will only become stronger and more prominant in the social media arena, and I think it will be a totally different force in a couple of years.
2 comments:
I agree that if Twitter is bought, not much will change other than being showered by ads. MySpace and facebook have plenty of ads as well and they don't bother me at all. Also, I think Twitter will become stronger, with or without Google.
I too do not believe a lot will change. When a company buys out a successful product they generally keep that product the same. For instance, InBev Inc. bought Budweiser, but if they changed the way it tasted, then they would be changing the one aspect that makes that product popular. Some changes will be made, and those may help streamline the communication. And as with facebook no one will like it for about a week and then they will have to conform.
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